Price Level of Exports for Switzerland
PLXCPPCHA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.71
Year-over-Year Change
14.56%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Exports for Switzerland measures the price dynamics of Swiss exports. It is a key indicator for evaluating Switzerland's international competitiveness and trade performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks changes in the prices of goods and services exported from Switzerland to other countries. It is used by policymakers and economists to assess the price competitiveness of Swiss exports in global markets.
Methodology
The data is calculated by the Swiss Federal Statistical Office based on surveys of export prices.
Historical Context
Trends in the export price level provide insights into Switzerland's trade balance and exchange rate dynamics.
Key Facts
- Switzerland is a major exporter of machinery, chemicals, and pharmaceuticals.
- The export price level is a component of Switzerland's terms of trade index.
- Export prices are influenced by the Swiss franc exchange rate and production costs.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Exports for Switzerland measures changes in the prices of goods and services exported from Switzerland to international markets.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Switzerland's export competitiveness and can inform policymakers and businesses on trade dynamics.
Q: How is this data collected or calculated?
A: The data is calculated by the Swiss Federal Statistical Office based on surveys of export prices.
Q: How is this trend used in economic policy?
A: Trends in the export price level are used to assess Switzerland's trade balance and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all aspects of Switzerland's diverse export basket.
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Citation
U.S. Federal Reserve, Price Level of Exports for Switzerland (PLXCPPCHA670NRUG), retrieved from FRED.